715 free study cards across 2 topics, written to the AQA specification. Study them as flashcards or multiple choice, and rate each one Got it, Almost or Forgot.
Every card is tagged to a topic in the AQA GCSE Economics specification, so you can revise one topic at a time.
Three cards from the deck, as you will see them in BrainBerry: the question, the answer, and an explanation of why.
What is expansionary monetary policy?
Cutting interest rates and/or increasing the money supply, so borrowing and spending rise and aggregate demand increases.
It is used in a downturn to support growth and employment. The risk is that faster spending pushes inflation above target.
What is a monopoly?
A market supplied by a single dominant seller, so consumers have no close alternative supplier to turn to.
A monopoly is not simply a large firm. What matters is its market share and the absence of rivals. In the UK a share of 25% or more is often treated as monopoly power.
What does scarcity mean in economics?
There are not enough resources available to satisfy everyone's wants.
Scarcity is not the same as poverty or a shortage. A resource is scarce whenever people want more of it than exists, even in a rich country.
Practise the June 2024 and 2025 AQA Economics papers question by question. Every question on the paper has its own set of BrainBerry flashcards and multiple-choice cards, testing the same content and skills, each with an explanation.
The cards are written by BrainBerry to match each question; they are not the exam board's own wording.
Open BrainBerry in any browser, pick Economics, and start with the topic you find hardest.
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